#TrumpTariffs

represent an aggressive trade policy, with historic tariffs such as 3,500% on Asian solar panels and universal rates of 10% (20% for the EU). Although they aim to protect local industries and reduce the trade deficit, they have generated criticism for:

1. **Economic risk**: They could trigger recession or stagflation by making imports more expensive and hindering clean energy projects.

2. **Global tensions**: Allies like the EU and Mexico reject the measures, preparing retaliations.

3. **Unequal impact**: They benefit U.S. companies (e.g. First Solar) but harm consumers and supply chains.

Trump defends them as "reciprocity", but economists warn that they could repeat protectionist mistakes like the Smoot-Hawley Act of 1930.